TheCable News

Vice-President Yemi Osinbajo says only private sector investors can ensure steady power supply in the country and meet the energy needs of Nigerians. Osinbajo spoke on Monday in Abuja during the presentation of the discharge certificate of Ughelli power plant to Tony Elumelu, chairman of Transcorp Power Plc. Transcorp Power is the […]

President Muhammadu Buhari has directed the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to take over the supervision of all crude oil export terminals in the country. The presidential directive is contained in a letter, dated May 3, 2023, with reference number SH/COS/24/A/78, sent to Gbenga Komolafe, chief executive officer (CEO) of NUPRC, and […]

Seventy-two non-serving senators have endorsed Godswill Akpabio, a former minister of Niger Delta affairs, as president of the 10th senate. Though Akpabio has not formally declared his intention to run, he has received support from some quarters of the All Progressives Congress (APC) for the position. Last week, Abdullahi Ganduje, outgoing governor […]

The supreme court in Abuja has fixed Tuesday to deliver judgment on the disputed July 16 governorship poll in Osun state. A five-member panel of justices led by John Okoro fixed the date on Monday after all the parties involved adopted their written briefs in the matter. The Osun governorship election tribunal, […]

Source: Top Stories

A power purchase agreement (PPA) between the Omotosho Generation Company Ltd and the Eko Electricity Distribution Company (EKEDC) is raising eyebrows in the industry, TheCable understands. There are strong suspicions as to the real identities of the ultimate beneficiaries of the 15 percent discount enjoyed by EKEDC. The Omotosho power plant is […]

Peter Obi, presidential candidate of the Labour Party (LP), has visited Wole Soyinka, the Noble laureate. Obi, in a post on his official Twitter handle on Sunday, described his visit to Soyinka as enriching, noting that he had a useful discussion with the Nobel laureate. “Today I visited one of Nigeria’s most […]

Turai, wife of the late former President Umaru Musa Yar’Adua, has recounted how her husband died 13 years ago. Yar’Adua was President from 2007 to 2010. He was the first elected president to have died while serving.  Yar’Adua died in office due to ill health after spending three years in power. […]